Re: [Tin VN] Se~ pha't ha`nh tra'i phie^'u ba du+. a'n lo+'n

[Paul Pham <pham@xmission.com>]

hello,

kho^ng pha?i la` expert ve^` v/d na`y. sau -da^y la` 1 va`i
i' kie^'n ....

On Wed, 21 May 1997, Thanh C. Nguyen wrote:

> On Wed, 21 May 1997, Hong Lam Vu wrote:
> 
> > Cha`o ca? nha`,
> > 
> > Ba'c na`o bie^'t xin gia?i thi'ch giu`m:
> > - tra'i phie^'u
> > la` gi` va` kha#c co^? phie^'u o+? cho^~ na`o. Ca?m o+n ca'c ba'c nhie^`u.
> > 
> 
> Theo toi doa'n thi 'trai phieu' = bond, do chi'nh phu phat hanh, co la~i 
> suat thap nhung ba?o da?m 100% vi` neu can chinh phu se in tien de tra 
> la~i :)

Trai phie^'u hay co^ng kho^' phie^'u= bond.
ca'c ha~ng tu+ cu~ng pha't ha`nh tra'i phie^'u khi ca^n thie^'t (corporate
bond). Bond kie^?u nhu+ cho vay tie^`n. Ng` pha't ha`nh bond hu+'a se~
tra? tie^`n lo+`i va` vo^'n sau 1 tho+`i gian nha^'t -di.nh 5,10,15,30
na(m ..).

bond cu~ng le^n va` xuo^'ng gi'a nhu+ stock (co^? phie^'u).
vi' du. ne^'u mi`nh mua bond ba^y gio+` (o+? Mi~) khi la~i xua^t
le^n bond cu?a mi`nh se~ ma^'t gi'a.

mua bond kho^ng co' nghi~a la` cha('c a(n. No'i chung bond tra?
tie^`n lo+`i cao (vi' du. Junk bond) thi` -do^. nguy hie^?m ca`ng
nhie^`u. No'i chung bond cu?a chi'nh phu? (federal gov., state gov.,
hay city gov.) thi` cha('c a(n ho+n bond cu?a co^ng ty (corparate bond)
vi` chi'nh phu? co' 1 quye^`n ha.n to^'i cao la` na^ng thue^' :))

> "Co^? phieu" = share/stock, do cong ty phat hanh. giu+~ co phieu co lo+`i 
> cao hon, nhu+ng ne^'u cong ty thua lo^~ thi cha?ng co`n gi` ca?.
> 

co^? phie^'u = stock. Stock do co^ng ty tu+ nha^n pha't ha`nh
(vi' du. Boeing, Microsoft). Stock nguy hie^?m ho+n bond nhie^`u
vi` ne^'u co^ng ty pha' sa?n thi` min`h coi nhu+ -di luo^n.
nhu+ng ngu+o+.c la.i lo+`i nhie^`u ho+n.

it' co' ng` du+~ co^? phie^'u suo^'t -do+`i, ho. mua -di ba'n la.i.
gia? su+? mi`nh co' 2000 co^? phie^'u cu?a Microsoft. Nga`y mai
no' le^n gi'a 1 -do^`ng 1 co^? phie^'u thi` ve^` vN vacation -du+o+.c
:))) ... Ooppp .. ne^'u no' xuo^'ng gi'a 5 -do^`ng thi` chi?
co' nu+o+'c a(n bo bo :)))

-da.i -da so^' ng` da^n trung bi`nh ho. kho^ng mua bond
hay stock tru+.c tie^'p(vi` thie^'u kinh nghie^.m,, kho^ng co' tho+`i
gian hay ta`i cha'nh v..v..), -da so^' ho. mua
mutual fund (qui~ -da^`u tu+) qua 1 co^ng ty -da^`u tu+
(vi' du. Fidelity, charle swap v..v...)
co^ng ty -da^`u tu+ ho. cu~ng mua bond, stock v..v..
nhu+ng ho. mua du`m va` a(n hue^ ho^ng.

mutual fund co' 2 hi`nh thu+'c : open va` close.
vi' du. ma^'y ca'i fund -dang -da^`u tu+ o+? VN la`
close (templeton etc). Close fund kha' gio^'ng nhu+
stock vi` ho. pha't ha`nh 1 so^' co^? phie^'u nha^'t
-di.nh va` ba'n o+? tre^n thi. tru+o+`ng chu+'ng kho'an
(stock exchange)
mutual fund co' nhie^`u loa.i, co' loa.i chi? mua stock (stock
fund), co' loa.i chi? mua bond (bond fund) co' loa.i
ho^~n ta.p (50% stock, 50% bond). co' loa.i -da^`u tu+
trong nu+o+'c, co' loa.i -da^`u tu+ o+? nu+o+'c ngoa`i)

stock mutual fund -do+~ nguy hie^?m ho+n la` chi? mua
1 stcok cu?a 1 co^ng ty vi` trong stock fund, ho. mua
co^? phie^'u cu?a nhie^`u co^ng ty vi` ne^'u co^ng ty
na`y lo^~ thi` co^ng ty kha'c co' the^? lo+`i.

no'i chung ne^'u ba.n thi'ch le^n Lasvegas thi` mua
stock cu?a 1 va`i co^ng ty la` your choice :))